By Graham White of Slaughter and May, Graham White of Slaughter and May21 July 2000
The tenant may wish to make an improvement to increase the efficiency of the business, but if there is a residual value in the improvement when the lease ends, the landlord is simply given a greater incentive to decline to renew the lease and the tenant is deterred from carrying ...
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.